YEARLY HIGH
37.2958 COP
YEARLY LOW
26.2280 COP
YEARLY AVERAGE
30.9460 COP

2023 JPY to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 37.2958. Conversely, the yearly low was recorded on November 15, dropping to 26.2280.

This high-to-low spread represents a total annual volatility of 11.0679 COP. From a start-to-finish perspective, comparing the January average rate of 36.2055 to the December average rate of 27.5440, the exchange rate registered a net change of -23.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.2958 was up 1.28% compared to the 2022 peak of 36.8234, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 18,647,914 COP
2022 Average 16,212,153 COP
Yearly Trough Low 13,113,983 COP
Transaction Impact: A difference of 5,533,931.19 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

37.1354
25.9759
JanuMarcMayJulySeptNove

JPY to COP Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 34.1040, compared to 27.7881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.3159 points.

H1 Avg (Jan–Jun) 34.1040
H2 Avg (Jul–Dec) 27.7881

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 3.5567 COP (High: 31.9134 / Low: 28.3567). On the other end, December was the most stable month, with a tight range of 1.0931 COP (High: 28.0895 / Low: 26.9963).

June Spread (Volatile) ±3.5567
December Spread (Stable) ±1.0931

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.3586 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.3586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 36.2055) against the same month in 2022 (average: 34.8339), the exchange rate shifted by +1.3715 (+3.94%).

2023 Avg (January) 36.2055
2022 Avg (January) 34.8339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.2958 34.6942 36.2055
February 36.8523 35.0249 36.0049
March 36.7979 34.5860 35.6219
April 35.2590 32.8208 33.9540
May 34.7887 31.5512 33.0981
June 31.9134 28.3567 29.7395
July 29.9257 27.6111 28.8003
August 29.2467 27.3384 28.1273
September 28.0912 26.4093 27.1272
October 29.1261 27.0844 28.2237
November 27.5230 26.2280 26.9059
December 28.0895 26.9963 27.5440